6956 Kester Avenue, Van Nuys, CA 91405

$4,800,000
37
BD
37
BA
20,880
SqFt

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List Agent Jeanette Monfared () 818-212-2752 Marcus & Millichap; CoList ()

List Price
$4,800,000
Status
ACTIVE
MLS#
26859211
Year Built
1965
Bedrooms
37
Bathrooms
37
Living Sq. Ft
20,880
Lot Size
23,586
Days on Market
15
Property Type
Multifamily
Stories
Multi Level

Property Description

ASSUMABLE LOAN- 3.75% FIXED- $2,800,000 - VALID FOR 4 MORE YEARS UNTIL 6/1/2030; Corner Lot measuring 23,586 square feet; Ideal unit mix of Fourteen (2+2) and Nine ( 1+1), and one (1) SIngle existing ADU almost complete; Bright units with private balconies or patios; Strong in-place rents with current cap rate of 7.72%; GIM equal to 8.7; Spacious Floorplans with average unit size of 908 square feet; Copper plumbing; Plans and permits for 2 additional attached ADU apartments which when completed will satisfy the Seismic Retrofit requirement (Buyer to Verify); On-Site Laundry Facilities; Ample parking spaces

Additional Information

Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)

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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.